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Bullboard - Stock Discussion Forum Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  GTE

Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 99% of its... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > Insider activity
View:
Post by gasoholic on Oct 16, 2022 8:27pm

Insider activity

I haven't seen recent insider comments so I looked it up today. I used initials of insiders. The time period is Jan 1,2020 to Oct 14, 2022

RAB   4 K to 19 K         GMT II   19.4 M to 10.7 M        GM  1.7K to 22K
RPE   0 K to 286 K       GMT B   24.3 M to  22.4 M       KDT 5.4 K to 200K
JRE    3 K to 120 K       GMT BOF  34.5 M to 31.7 M
 
The GMT funds each sold 10%, so a strategic move, not lack of faith.
GSG  14 K to 420 K in one account. But holds another account with 3.5 M. He added 0.85 M to this account at 0.25 US in March 22, good move.
BW   1 M to 1.7 M , added 700 K at 0.27 US in 2020, another good move.
So except for GMT solid buying last 2 years with no selling.
GTE the company bought back 10.2 M shares but have not cancelled them, usually a company cancels buyback shares regularly, I don't understand the strategy.
Comment by gasoholic on Oct 16, 2022 8:29pm
GSG added the 0.85 M in March 2020, not 2022.
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